ITT Inc. reported a strong financial performance for the fiscal year ending December 31, 2025, with total revenue reaching $3.94 billion, an increase of 8.5% compared to $3.63 billion in 2024. The growth was driven by all three business segments: Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). Operating income rose slightly to $684.5 million, up from $678.1 million in the previous year, although the operating margin decreased to 17.4% from 18.7%. Earnings per share (EPS) from continuing operations were $6.11, reflecting a 3.3% decline, primarily due to a prior year gain from the sale of the Wolverine business and increased tax expenses.
Significant changes in ITT's financials compared to the previous fiscal period include a notable increase in operating expenses, which rose by 23.9% to $707.9 million, driven by higher compensation, restructuring costs, and acquisition-related expenses. The company also experienced a favorable foreign currency translation impact of $64.6 million, which contributed to revenue growth. The divestiture of the Wolverine business in 2024 had a negative impact on revenue growth, reducing it by $89.2 million.
Strategically, ITT has been active in reshaping its portfolio through acquisitions and divestitures. In 2025, the company announced a definitive agreement to acquire SPX FLOW for approximately $4.775 billion, which is expected to enhance ITT's capabilities in pumps and process technologies. This acquisition is anticipated to add around 3,800 employees to ITT's workforce and is expected to close subject to regulatory approvals. Additionally, ITT completed the acquisition of kSARIA in 2024, further expanding its offerings in mission-critical connectivity solutions.
Operationally, ITT reported approximately 11,600 employees across 38 countries, with 65% of its revenue generated outside the U.S. The company has focused on enhancing its customer engagement and operational efficiency, which has led to organic revenue growth of 4.8% for the year. The Motion Technologies segment saw a slight decline in revenue due to the Wolverine divestiture, while the Industrial Process segment experienced a 9.9% increase, driven by strong demand for pump projects. The Connect & Control Technologies segment reported a 23.3% revenue increase, bolstered by acquisitions and growth in aerospace and defense markets.
Looking ahead, ITT anticipates continued demand across its segments, although it acknowledges potential challenges from global macroeconomic conditions, including geopolitical tensions, inflation, and changes in trade policies. The company remains committed to effective capital deployment and innovation, with plans to invest in new technologies and expand its market presence. The successful integration of SPX FLOW is a key focus, as ITT aims to realize anticipated synergies and enhance its competitive position in the market.
About ITT INC.
ITT Inc. is a diversified manufacturer of highly engineered critical components and customized technology solutions for transportation, industrial, aerospace, defense, and energy markets. Its core segments include Motion Technologies, Industrial Process, and Connect & Control Technologies, serving global OEMs and aftermarket customers. The company emphasizes innovation, operational excellence, and sustainability, providing reliable, high-performance products that enable complex systems and long-term customer relationships worldwide.
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